NOT LISTED FOR SALE

327 E Cape May Ave Ocean Gate, NJ 08740

Estimated Value: $390,000 - $422,000

3 Beds
1 Bath
1,100 Sq Ft
$367/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $215,500 $196 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,537/month

39 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Bonus Room
  • New Kitchen
  • Attic
  • Granite Countertops

About This Home

As of May 2020

Come discover this affordable hidden gem tucked away in beautiful and quaint Ocean Gate. You will find this updated, modern and stylish 3 bedroom ranch set on a quiet family friendly street and just blocks to the famous mile long beach and boardwalk. Features include open floor plan, bright and airy spaces with plenty of natural light, hardwood floors, a trendy kitchen with white cabinets, stone counters, stainless steel appliances and tile back splash, a fully enclosed back porch, large living room, separate dining area, brand new spacious bathroom, 3 expansive bedrooms, and a separate laundry/utility room. There is a maintenance free stone yard and the back area is fully fenced. Make your plans to check it out today!

Last Agent to Sell the Property

Robert Lange

RE/MAX Gateway License #1329516 Listed on: 12/28/2019

RE/MAX Gateway

Co-Listed By

Robert Kosinski

RE/MAX Gateway License #1643938

Last Buyer's Agent

Kristin Martins

C21/ Mack Morris Iris Lurie

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 60 x 89.6
  • Fenced
  • Level Lot
  • Irregular Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • Bay Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Screened Porch
  • Wood Flooring
  • Bay Views
  • Crawl Space
  • Storm Doors
  • Laundry Room
  • Attic

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Ocean Gate Elementary School
  • Central Reg Middle School
  • Central Regional High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 22-00046-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,836

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area, Irregular Lot
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Inclusions: Dishwasher, Light Fixtures, Microwave, Stove, Refrigerator
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic, Bay/Bow Window, Bonus Room, Dec Molding, Eat-in Kitchen, Recessed Lighting
  • Year Built: 1970
  • Contract Info List PriceSqFt: 199.91
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 60 x 89.6
  • Location Middle School: Central Reg Middle
  • Living Room Floor - Wood2: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Irregular Lot: Yes
  • Included Light Fixtures: Yes
  • Interior BayBow Window: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Style Ranch: Yes
  • Kitchen KitchenDine: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Dec Molding5: Yes
  • Exterior Porch - Screened: Yes
  • Living Room BayBow Window2: Yes
  • Interior Bonus Room: Yes
  • Energy Features:Storm Doors: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Fence, Patio, Porch - Enclosed, Porch - Screened
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Driveway, Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Central Reg Middle

Lot Info

  • Lot Dimensions: 60 x 89.6
  • Parcel #: 22-00046-0000-00004

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3836.0

MLS Schools

  • Elementary School: Ocean Gate
  • High School: Central Regional

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2019
Closed on
Apr 24, 2020
Sold by
Scalice Frank and Scalice Angela
Bought by
Misa Karolyn
Seller's Agent
Robert Lange
RE/MAX Gateway
Buyer's Agent
Kristin Martins
C21/ Mack Morris Iris Lurie
List Price
$219,900
Sold Price
$215,500
Premium/Discount to List
-$4,400
-2%
Current Estimated Value
$404,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,707
Avg. Annual Appreciation
11.71%
Original Mortgage
$192,000
Outstanding Balance
$169,766
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$234,441

Purchase Details

Closed on
Jul 19, 2013
Sold by
Fischer Keith and Fischer Felicia Scalice
Bought by
Scalice Angela and Scalice Frank

Purchase Details

Closed on
Dec 21, 2009
Sold by
Scalice Frank and Scalice Angela
Bought by
Fischer Keith and Scalice Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2002
Sold by
Petkavich Teresa
Bought by
Scalice Frank and Scalice Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
6.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Misa Karolyn $215,500 Sterling Title Agency Llc
Scalice Angela $195,000 None Available
Fischer Keith $180,000 Advantage Title Services Llc
Scalice Frank $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Misa Karolyn $192,000
Previous Owner Fischer Keith $140,000
Previous Owner Scalice Frank $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2020 05/04/20 Sold $215,500 -2.0% $196 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
12/29/2019 12/29/19 For Sale $219,900 -- $200 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,093 $309,800 $175,900 $133,900
2024 $4,583 $309,800 $175,900 $133,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21944465

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00046-0000-00004